WTI Crude Technical Projection for the Week (07/01)
WTI Crude is in recovery from its low of 42 last December 2018. Target of 54.5~55 is up ahead.
We will be waiting for a double bottom at the lows 43~42 for the buyers to have a solid support to push prices higher.
Bullish Scenario, with targets at 54.5 to 55
Bearish Scenario, with targets at 42.64.
Disclaimer: Technical Projections are not to be treated as financial advice but solely for educational purposes only.
We will be waiting for a double bottom at the lows 43~42 for the buyers to have a solid support to push prices higher.
Bullish Scenario, with targets at 54.5 to 55
Bearish Scenario, with targets at 42.64.
Disclaimer: Technical Projections are not to be treated as financial advice but solely for educational purposes only.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.